Mortgage Calculator™

Mortgage Calculator™

By MH Riley Ltd

  • Category: Finance
  • Release Date: 2010-12-18
  • Current Version: 2.7
  • Adult Rating: 4+
  • File Size: 29.75 MB
  • Developer: MH Riley Ltd
  • Compatibility: Android, iOS 8.0
Score: 4.5
4.5
From 179 Ratings

Description

*** SALE NOW ON - 50% off *** *** Featured in the Sunday Times App List 2012 *** *** Featured as 'What's Hot' by Apple *** 'Mortgage Calculator' has one aim - To SAVE YOU MONEY on your mortgage! If you're buying a house, looking to re-finance, or simply want to make the most of your existing mortgage, then this is the perfect app for you. Try out various 'What-If' scenarios and quickly see how extra payments can save you a whole lot of time and money. You can enter any number of Monthly, Yearly or One Off extra payments, at any period during the loan. Then watch the total loan length and cost go down. You may be surprised by just how much! Easily visualise your cost savings in the simple and interactive charts. Just slide your finger along to see the costs for each year. 5-Stars - "...beautiful, simple graphs which make tricky decisions a whole lot easier." 5-Stars - "...really helped me to compare the different mortgage deals" *** Highlights *** -------------------- Specially designed for the US market: √ See effect of regular or one off Extra Payments √ Variable Rates support √ Calculate the 'True Cost', by including Tax etc √ Takes into account PMI √ Try out various 'What-If' scenarios √ Email a PDF or HTML of the loan details √ Support for ARM 3/1, 5/1, 7/1 mortgages √ Charts allow easy visualisation of the costs √ Make an informed choice by comparing loans √ Backup & Restore via Dropbox √ Passcode protection √ Elegant, simple and powerful user interface *** Quick Calculators *** ----------------------------- Super quick calculators for instant answers: √ How much can you afford to borrow? √ Monthly Payments √ Money Saving Effect of Extra Payments √ Cost of Moving House *** Analyse & Compare *** --------------------------------- Visualise mortgage costs in simple, easy to understand charts: √ Store details of multiple mortgages √ Easily see the costs for each year with a slide of the finger √ Try out various 'What-If' scenarios √ Extra payments can 'Reduce Term' or 'Reduce Payments' √ Include Tax, Insurance, PMI in the payments √ Support for 'Repayment' or 'Interest Only' √ Monthly breakdown of costs (Amortization) √ Compare up to 4 mortgages side by side √ Support for ARM 'Initial Rates' e.g. 4% for 3 years *** Voted #1 Property App - upack.com *** --------------------------------------------------- "The strongest arrow in its quiver is the way it handles hypothetical situations, letting you analyze all manner of mortgage-related queries, such as how much you can afford to borrow, and a variety of other what-if scenarios..." Note that multiple currencies are supported!

Screenshots

Reviews

  • Amazing app

    5
    By AntFarm90
    I can't say enough good things about this app. It allows me to enter all my one time additional payments and my monthly over payments that have changed over time. I setup different payment scenarios and was able to overlay them on the same chart. This app is exactly was I was looking for.
  • Realtor

    4
    By TunaByte
    Just staring to use this and has a lot of easy to use features. Makes a pdf for emailing
  • The breakdown view function no longer there

    5
    By Nonette22
    Been using that app for a few years and liked it a lot. But in the last several months, there’s been to many malfunctions: breakdown view no longer available, and when creating a new mortgage scenario the math doesn’t add up.
  • Awesome app

    5
    By Littleman1981
    Functional, flexible and easy to use.
  • Great app!

    5
    By bastybee
    Love the one off feature!
  • Yes

    5
    By AllEars
    Do not be afraid to pay for the bundle. Once you learn how to use it, with sliding scale graphs, it’s quick and easy. Have no dog in this hunt.
  • Love, love, love

    5
    By jeanbst
    I love this app! It has everything I need for loans, and trust me, I had tried to get all this info out of Excel. This is clean, easy to use, and thorough! Good job, developer!
  • Use it all the time.

    5
    By Rp 905
    Great for anyone but particularly useful for the investor.
  • Accurate

    5
    By Somewhere in NY
    Accurate, allows editing when needed, the projections allow me to know when I’m paying off my house along with interest rate costs
  • Good App

    4
    By BicTom77
    I wish it had an amortization chart

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